ngrid A Gregg Dr Samuel Gregg Walter E Grinder Professor Steve H Hanke Professor Keith Hartley Professor David Henderson Professor Peter M Jackson Dr Jerry Jordan Dr Lynne Kiesling Professor Daniel B Klein Dr Mark Koyama Professor Chandran Kukathas Dr Tim Leunig Dr Andrew Lilico Professor Stephen C Littlechild Professor Theodore Roosevelt Malloch Dr Eileen Marshall Professor Antonio Martino Dr John Meadowcroft Dr Anja Merz Professor Julian Morris Professor Alan Morrison Professor D R Myddelton Paul Ormerod Professor David Parker Professor Victoria Curzon Price Professor Colin Robinson Professor Pascal Salin Dr Razeen Sally Professor Pedro Schwartz Professor J R Shackleton Jane S Shaw Professor W Stanley Siebert Dr Elaine Sternberg Professor James Tooley Professor Nicola Tynan Professor Roland Vaubel Dr Cento Veljanovski Professor Lawrence H White Professor Walter E Williams Professor Geoffrey E Wood Honorary Fellows Professor Michael Beenstock Sir Samuel Brittan Professor Richard A Epstein Professor David Laidler Professor Deirdre McCloskey Professor Chiaki Nishiyama Professor Vernon L Smith Professor Basil S Yamey Other books recently published by the IEA include: The Profit Motive in Education – Continuing the Revolution Edited by James B Stanfield Readings 65; ISBN 978-0-255-36646-5; £12.50 Which Road Ahead – Government or Market? Oliver Knipping & Richard Wellings Hobart Paper 171; ISBN 978-0-255-36619-9; £10.00 The Future of the Commons – Beyond Market Failure and Government Regulation Elinor Ostrom et al Occasional Paper 148; ISBN 978-0-255-36653-3; £10.00 Redefining the Poverty Debate – Why a War on Markets Is No Substitute for a War on Poverty Kristian Niemietz Research Monograph 67; ISBN 978-0-255-36652-6; £12.50 The Euro – the Beginning, the Middle … and the End? Edited by Philip Booth Hobart Paperback 39; ISBN 978-0-255-36680-9; £12.50 The Shadow Economy Friedrich Schneider & Colin C Williams Hobart Paper 172; ISBN 978-0-255-36674-8; £12.50 Quack Policy – Abusing Science in the Cause of Paternalism Jamie Whyte Hobart Paper 173; ISBN 978-0-255-36673-1; £10.00 Foundations of a Free Society Eamonn Butler Occasional Paper 149; ISBN 978-0-255-36687-8; £12.50 The Government Debt Iceberg Jagadeesh Gokhale Research Monograph 68; ISBN 978-0-255-36666-3; £10.00 A U-Turn on the Road to Serfdom Grover Norquist Occasional Paper 150; ISBN 978-0-255-36686-1; £10.00 New Private Monies – A Bit-Part Player? Kevin Dowd Hobart Paper 174; ISBN 978-0-255-36694-6; £10.00 From Crisis to Confidence – Macroeconomics after the Crash Roger Koppl Hobart Paper 175; ISBN 978-0-255-36693-9; £12.50 Advertising in a Free Society Ralph Harris and Arthur Seldon With an introduction by Christopher Snowdon Hobart Paper 176; ISBN 978-0-255-36696-0; £12.50 Selfishness, Greed and Capitalism: Debunking Myths about the Free Market Christopher Snowdon Hobart Paper 177; ISBN 978-0-255-36677-9; £12.50 Waging the War of Ideas John Blundell Occasional Paper 131; ISBN 978-0-255-36684-7; £12.50 Brexit: Directions for Britain Outside the EU Ralph Buckle, Tim Hewish, John C Hulsman, Iain Mansfield and Robert Oulds Hobart Paperback 178; ISBN 978-0-255-36681-6; £12.50 Flaws and Ceilings – Price Controls and the Damage They Cause Edited by Christopher Coyne and Rachel Coyne Hobart Paperback 179; ISBN 978-0-255-36701-1; £12.50 Scandinavian Unexceptionalism: Culture, Markets and the Failure of Third-Way Socialism Nima Sanandaji Readings in Political Economy 1; ISBN 978-0-255-36704-2; £10.00 Classical Liberalism – A Primer Eamonn Butler Readings in Political Economy 2; ISBN 978-0-255-36707-3; £10.00 Federal Britain: The Case for Decentralisation Philip Booth Readings in Political Economy 3; ISBN 978-0-255-36713-4; £10.00 Forever Contemporary: The Economics of Ronald Coase Edited by Cento Veljanovski Readings in Political Economy 4; ISBN 978-0-255-36710-3; £15.00 Power Cut? How the EU Is Pulling the Plug on Electricity Markets Carlo Stagnaro Hobart Paperback 180; ISBN 978-0-255-36716-5; £10.00 Policy Stability and Economic Growth – Lessons from the Great Recession John B Taylor Readings in Political Economy 5; ISBN 978-0-255-36719-6; £7.50 Breaking Up Is Hard To Do: Britain and Europe’s Dysfunctional Relationship Edited by Patrick Minford and J R Shackleton Hobart Paperback 181; ISBN 978-0-255-36722-6; £15.00 Other IEA publications Comprehensive information on other publications and the wider work of the IEA can be found at www.iea.org.uk To order any publication please see below Personal customers Orders from personal customers should be directed to the IEA: Clare Rusbridge IEA Lord North Street FREEPOST LON10168 London SW1P 3YZ Tel: 020 7799 8907 Fax: 020 7799 2137 Email: sales@iea.org.uk Trade customers All orders from the book trade should be directed to the IEA’s distributor: NBN International (IEA Orders) Orders Dept NBN International 10 Thornbury Road Plymouth PL6 7PP Tel: 01752 202301, Fax: 01752 202333 Email: orders@nbninternational.com IEA subscriptions The IEA also offers a subscription service to its publications For a single annual payment (currently £42.00 in the UK), subscribers receive every monograph the IEA publishes For more information please contact: Clare Rusbridge Subscriptions IEA Lord North Street FREEPOST LON10168 London SW1P 3YZ Tel: 020 7799 8907, Fax: 020 7799 2137 Email: crusbridge@iea.org.uk I N F OC U S The case for PRIVATISING the BBC Edited by PHILIP BOOTH Contributions by RYAN BOURNE • TIM CONGDON STEPHEN DAVIES • CENTO VELJANOVSKI The BBC holds a special place in the world of broadcasting It derives its funding from a compulsory levy on people who may not even use the service The protection it receives is justified on the grounds that it contributes to national welfare because of its role in ‘public service broadcasting’ The authors of this book argue that the BBC’s funding model is becoming untenable as technology changes Furthermore, technology has also undermined the justification for government support for public service broadcasting There is also major concern about bias at the BBC However, the book concludes that bias is not confined to the BBC, but is common to all media providers The problem is not bias as such, but the link between the BBC and the government, together with the compulsory funding model which does not allow people to not fund content of which they disapprove Various options for reform are presented, concluding with a proposal for fullblown privatisation It is concluded that this is the only way to realise the potential of an organisation that should be international in scope and which, under the current funding model, will become marginalised by media players operating worldwide across a range of platforms This book is essential reading for anybody involved in public policy or the economics of broadcasting the aragon initiative Hobart Paperback 182 ... S The case for PRIVATISING the BBC Edited by PHILIP BOOTH Contributions by RYAN BOURNE • TIM CONGDON STEPHEN DAVIES • CENTO VELJANOVSKI The BBC holds a special place in the world of broadcasting... but the link between the BBC and the government, together with the compulsory funding model which does not allow people to not fund content of which they disapprove Various options for reform... support for public service broadcasting There is also major concern about bias at the BBC However, the book concludes that bias is not confined to the BBC, but is common to all media providers The